IRDAI Recruitment 2024 Notification for 49 Posts: The Insurance Regulatory and Development Authority of India (IRDAI) has announced an IRDAI Recruitment 2024 for Assistant Manager 2024. A total of 49 vacancies are to be filled and online application forms can be filled and submitted on the official website of IRDAI. Interested and eligible candidates can read more details below.

About Ford :

The Insurance Regulatory and Development Authority of India (IRDAI) is a statutory body under the jurisdiction of the Ministry of Finance, Government of India. It is tasked with regulating and licensing the insurance and re-insurance industries in India. It was constituted by the Insurance Regulatory and Development Authority Act, 1999, an Act of Parliament passed by the Government of India.

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IRDAI Recruitment 2024 Overview

Company Name Insurance Regulatory and Development Authority of India (IRDAI)
Post Name Assistant Manager
Expected Salary up to ₹ 1,46,000/-Month*
Job Location Across India
JobType Freshers/Experience 
Category Government Jobs
Vacancies 49
Last date to apply 20 September 2024
Official Website irdai.gov.in

*The salary/stipend (if stated) here is an estimation and has been collected from various sources such as Glassdoor, Ambitionbox, Quora etc. We do not guarantee the accuracy of the stated amount.

IRDAI Assistant Manager Vacancy 2024

  • Assistant Manager:
    • Actuarial: 05 Posts
    • Finance: 05 Posts
    • Law: 05 Posts
    • IT: 05 Posts
    • Research: 05 Posts
    • Generalist: 24 Posts

IRDAI Jobs 2024 – Education Qualification, Age Limit, Selection Process

Sl. No. Stream Number of Posts Qualification(s) Required
1 Actuarial 5 Graduation with minimum 60% marks and 7 papers passed of IAI as per 2019 curriculum
2 Finance 5 Graduation with minimum 60% marks and ACA/AICWA/ACMA/ACS/CFA
3 Law 5 Bachelor’s Degree in Law with minimum 60% marks
4 IT 5 Bachelor’s Degree in Engineering (relevant fields) or Master’s in computer application or Bachelor’s in any discipline with a postgraduate qualification in IT (60% marks)
5 Research 5 Master’s Degree or 2-year PG Diploma in relevant fields (60% marks)
6 Generalist 24 Graduation with minimum 60% marks

Age Limit(As on 20 September 2024):

  • Assistant Manager: Not below 21 years and not above 30 years as on 20.09.2024 i.e. candidates should have been born not earlier than 21.09.1994 and not later than 20.09.2003 (both days inclusive).

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IRDAI Recruitment 2024 salary

IRDAI Assistant Manager Salary ranges from Rs. 44,500 to Rs. 89,150/- per month. The wage package includes a basic monthly salary of Rs. 44,500, as well as a dearness allowance (DA), housing rent allowance (HRA), and other benefits. The DA is updated quarterly depending on the Consumer Price Index (CPI), and it is currently at 17 percent.The IRDAI Assistant Manager’s gross monthly salary is Rs. 1,46,000/-.

Selection Process of IRDAI Recruitment:

The IRDAI Recruitment 2024 Selection Process includes the following stages-

  • Prelims Written Exam: Objective-based Online Exam (160 Marks)- Qualifying paper
  • Main Written Exam: Descriptive-based Online Exam (300 Marks)
  • Interview
  • Document Verification
  • Medical Examination

Phase I – On-line Preliminary Examination:

  • There will be four tests of objective type as follows:
Name of Test (Objective)  No of Questions Maximum Marks
Test of Reasoning 40 40
Test of English Language 40 40
Test of General Awareness 40 40
Test of Quantitative Aptitude 40 40
Total 160 160
  • Total time is a Composite time of 90 minutes
  • Tests will be conducted in English and Hindi (except Test of English Language, which will be provided only in English)
  • There will be negative marks for wrong answers in the Objective Tests. 1/4th mark will be deducted for each wrong answer

Phase II – Descriptive Examination:

  • Candidates must appear for all three papers in Phase II – Descriptive Examination.
  • A separate call letter will be issued.
  • The time-table for Phase II – Descriptive Examination will be intimated to the candidates concerned along with Call Letter for Phase II.
  • The Phase II – Descriptive Examination will consist of three papers as under:
Name of Paper Marks  Time (Minutes)
Paper-I: English 100 60
Paper II: Economic and Social
Issues impacting Insurance
100 60
Paper-III: Insurance and
Management
100 60

Phase III – Interview:

  • Candidates shortlisted in Phase II – Descriptive Examination only will subsequently be called for an Interview.
  • IRDAI shall notify the exact venue, address, time and date of the interview later on IRDAI’s website, and the shortlisted candidates for the Interview shall download their Call Letters from the IRDAI website as per the schedule to be announced.

Application Fee: 

  • SC / ST / PwBD: Rs.100/- Intimation charges
  • Other than SC/ST/PwBD: Rs.750/- Examination fee and Intimation charges
  • The candidate shall bear Bank transaction charges for Online payment of application fees/intimation charges.

How to Apply for IRDAI 2024?

To apply for this Off Campus Drive, interested candidates must follow the procedure outlined below:

  1. Click on the “Apply here” button provided below. You will be redirected to the official career pag of the IRDAI’s official website irdai.gov.in.
  2. Then click on the “Careers” tab in the menu bar.
  3. Check all the latest recruitments of the IRDAI.
  4. Click on the Assistant Manager 2024 Apply Online Link.
  5. Fill out the application form and upload the required documents.
  6. Submit the IRDAI Assistant Manager Online Form before 20 September 2024.

If you face any issues while applying. Do let us know in the comment section.

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